Silver Prices Climb on Rising Bets and Global Upturn

Silver futures have seen an increase in prices due to high bets made by investors. The price of silver futures for September delivery rose 0.53% to Rs 2,18,354 per kilogram in a business turnover of 2,206 lots.

Fresh positions built up by participants led to the rise in silver prices, according to analysts. This trend is also reflected in the global market, where Comex silver futures increased 0.96% to $58.15 per ounce.